[...] the Securities and Exchange Commission filing had industry observers speculating whether the 35-story resort, built by the Carano family and Circus Circus at Fourth and Virginia streets nearly two decades ago, could fall into foreclosure or bankruptcy. The Silver Legacy is owned by Circus and Eldorado Joint Venture, created in the early 1990s by Don Carano, a Reno attorney and owner of the Eldorado Hotel-Casino, and the owners of Circus Circus Reno now part of MGM Resorts International in Las Vegas.